DuitNow

As online gambling continues to grow rapidly in Southeast Asia, more and more operators focus their attention on these lucrative markets. At the same time, players from the region are looking for reliable casino payment methods for their activities.

One of the popular banking methods that cater to the needs of Asian gamblers is DuitNow. It is widely available in Southeast Asia, making it an efficient option for making online casino deposits and withdrawals.

Continue reading this review to learn more about DuitNow and its features.

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About DuitNow

Payment Networks Malaysia, or PayNet, is the company behind DuitNow. The country’s leading finance service provider was established in 2017 to spearhead the development of Malaysia’s digital economy.

PayNet offers a wide range of services, allowing Malaysians to make online purchases and payments through reliable and trustworthy banking options. The company’s largest shareholder in the Central Bank of Malaysia, further bolstering its reputation. In total, nearly a dozen banks have a stake in PayNet.

The list of products developed by PayNet includes DuitNow QR, which lets players carry out transactions between any supporting bank and an e-wallet.

DuitNow didn’t take long to prove its qualities, drawing the attention of online casino players. In the meantime, it reached customers in neighbouring countries, slowly but surely making a name for itself in Southeast Asia.

Target Markets

The main market for DuitNow is Malaysia, where it offers instant bank transfers for quick online transactions. In addition to working closely with over 40 financial institutions in Malaysia, DuitNow cooperates with e-wallets and mobile payment apps. As a result, it provides plenty of options for Malaysians. However, it is available in other countries in the region, such as Singapore, Indonesia, and Thailand. That is excellent news for online casino enthusiasts, as they can enjoy the benefits of DuitNow.

DuitNow Account

Using DuitNow requires an account at a supporting bank. To open one, visit the nearest branch and submit the necessary papers. Due to its wide coverage, it is likely that your preferred bank already supports this service. You won’t need an additional account to use DuitNow QR, as you’ll be able to make payments by scanning the online casino’s QR code.

DuitNow transfers can be made through a mobile phone number or a national registration identity card and passport number. However, when paying at an online casino, you have to use the site’s bank and business details displayed on the Cashier page.

To withdraw your online casino winnings, you must register an ID with your chosen bank first and then connect the ID to your bank account.

How to Deposit with DuitNow?

DuitNow is a very convenient deposit method. First, open an account at an online casino that accepts this payment method. Go to the Cashier page and choose DuitNow/DuitNow QR from the list of available options.

If you choose DuitNow, enter the amount of money you plan to deposit and provide your bank account info. To complete the depositing process, add your online casino’s business details.

If you picked DuitNow QR, simply scan the code, add the sum and confirm the payment.

How to Withdraw with DuitNow?

Making deposits with DuitNow is a piece of cake. On the other hand, some casinos won’t allow you to cash out winnings using this method. In that case, you’ll be offered the possibility to get your money through a bank transfer or eBanking.

If DuitNow withdrawals are available, visit the Cashier page and select DuitNow as your preferred method. Enter the desired sum and provide your ID. After submitting your request, you must wait for the money to reach your e-wallet or bank account.

Transfer Times, Fees and Security

DuitNow allows users to carry out transactions in real-time, which is one of its main advantages and the reason for its growing popularity in Southeast Asia. The payment method’s deposit processing speed is lightning-fast, ensuring your payment is instantly credited to your balance.

When available, withdrawals will take a bit longer. The casino must first approve the transfer, and then the bank has to do the same. Luckily, once the cashout is given the green light, you should quickly receive your winnings.

Online casinos accepting DuitNow won’t charge additional fees when making deposits and withdrawals. However, that applies only if the transaction doesn’t exceed RM5,000. If you exceed this limit, you will have to pay a fee of 50 cents. The good news is that some banks will offer a service completely free of charge.

All transactions made with DuitNow are handled using standard banking systems. It means that users can rely on cutting-edge security measures to keep their information safe.

As we mentioned, DuitNow is operated by PayNet, which is supported by the country’s central bank. This demonstrates the brand does its business in accordance with the existing financial regulations and laws.

The maximum sum you can transfer per DuitNow transaction is RM 50,000. However, keep in mind that some banks and e-wallets may impose their own limits.

Customer Support

DuitNow doesn’t have a customer support team, but to be honest, it doesn’t really need one. Since all transactions are processed by banks or other payment providers, you will have to contact the corresponding financial institution to get the necessary help. PayNet, the company operating DuitNow, has customer support, and you can get in touch with them via email or phone.